Night Wrap: ASX 200 hits breakeven for the week, US futures greater


Evening Wrap-BG-4-THU-1280x1280

The S&P/ASX 200 closed 37 factors greater, up 0.53%.

The native sharemarket rallied for a second consecutive day – now breakeven for the week, Utilities and Know-how shares led and ANZ flags that spending is failing to maintain up with inflation.

Earlier than we dive in, an vital discover:

That is the final Night Wrap for 2022. Our first version for 2023 shall be on Monday, 23 January. I wish to want all readers a secure and fulfilling festive season. 

At the moment in Evaluation

Thu 22 Dec 22, 4:16pm (AEDT)

Title Worth % Chg
Main Indices
ASX 200 7,152.5 +0.53%
All Ords 7,335.2 +0.58%
Small Ords 2,837.5 +1.10%
All Tech 2,034.9 +1.78%
Rising Corporations 2,095.0 +0.79%
AUD/USD 0.6762 +0.81%
US Futures
S&P 500 $3,918.0 +0.31%
Dow Jones $33,647.0 +0.23%
Nasdaq $11,370.5 +0.32%
Title Worth % Chg
Utilities 8,427.1 +1.60%
Data Know-how 1,429.1 +1.35%
Well being Care 41,755.2 +1.34%
Shopper Discretionary 2,769.3 +1.12%
Actual Property 3,066.1 +0.91%
Communication Companies 1,425.4 +0.79%
Financials 6,458.4 +0.62%
Shopper Staples 12,754.3 +0.49%
Industrials 6,403.4 +0.47%
Vitality 11,346.4 +0.03%
Supplies 17,790.3 -0.18%


The ASX 200 closed slightly off session highs of 0.73% and now 0.05% for the week, from lows of -1.74%.

  • Utilities led to the upside due to ~1.5% positive aspects from heavyweights Origin Vitality and APA Group

  • Know-how bounced for a second consecutive day however the sector remains to be down -1.6% for the week. Names like WiseTech, Xero, Altium and NextDC all rallied round ~2%

  • Supplies was the worst performing sector, stalling after a 2.3% rally on Wednesday

  • Vitality was one other laggard after a 2.6% rally on Wednesday

  • 143 of the highest 200 superior (72%)

Financial system

ANZ-observed spending from 20 November to 18 December was up 10% in comparison with the identical interval in 2019.

  • That is regardless of inflation growing 10.5% between December 2019 and September 2022

  • In addition to inhabitants development of 1.8% between December 2019 and June 2022


  • Copper +0.9% to US$3.85/lb

  • WTI crude +0.3% to US$78.70/bbl

  • Gold +0.3% to US$1,819.6/oz

  • Iron ore futures fell -1.2% to US$111.55/t

Newest information

Vitality exr

Elixir Vitality recaps a profitable 2022; flags advocacy work relating to ALP’s fuel worth cap

Thu 22 Dec 22, 1:32pm (AEDT) Supplies mtc

MetalsTech jumps as firm will get $3m increase from Hong Kong gold venture developer Chifeng

Thu 22 Dec 22, 11:44am (AEDT) Supplies 1ae

Twin uranium-lithium explorer Aurora Vitality Metals wraps up maiden drill run, additional useful resource improve potential

Thu 22 Dec 22, 11:29am (AEDT) Lithium

International lithium demand to rise 40% between 2023-24: Workplace of the Chief Economist

Thu 22 Dec 22, 10:33am (AEDT) Market Wrap

Morning Wrap: US shares rally, FedEx and Nike earnings beat, ASX set to rise

Thu 22 Dec 22, 8:31am (AEDT) Market Wrap eur azl mdr

Night Wrap: ASX 200 bounces, gold and coal miners rally, US futures greater

Wed 21 Dec 22, 4:43pm (AEDT) Extra Information

Publish market temporary

The market is in slightly little bit of an ungainly spot.

It bounced the place it wanted to – off the 200-day shifting common and a tough 4 day dropping streak. Nonetheless, does a bounce off the 200-day make this extra of a technical one, in parallel with Christmas optimism and low liquidity?

In Thursday's Morning Wrap, a desk from Carson Funding Group confirmed that the interval between December 20 and January 5 represents one of many strongest occasions of the yr for the S&P 500.

XJO chartXJO chart (Supply: TradingView)

That's all of us! The Night Wrap shall be placed on maintain till I'm again on go away on Monday, 23 January. I hope you all get to spend some high quality time with family and friends, keep secure and I'll see you guys within the new yr.

Main bulletins

Bigger caps (>$1bn)

  • BHP (BHP) -0.2%: Entered right into a Scheme Implementation Deed with Oz Minerals

  • 29Metals (29M) -22.1%: Expects 2022 copper and zinc manufacturing to be within the decrease half of its steering vary. 2023 copper steel manufacturing is predicted to be flat year-on-year as the corporate works via the regulatory approval course of for its tailings storage capability 

Mid-to-small caps

  • Inexperienced Know-how Metals (GT1) +6.9%: Produced ‘very excessive spodumene focus recoveries’ from drilling samples. Additional work will proceed to be accomplished for an optimised flowsheet to maximise recoveries 

  • Deep Yellow (DYL) +4.4%: Accomplished a ten,000m follow-up RC drilling program on the Omahola Undertaking, which lies adjoining to its flagship Tumas Undertaking 

  • Argosy Minerals (AGY) +3.6%: Confirmed a ‘battery high quality 99.76% lithium carbonate’ product from its 2,000 tpa operation throughout commissioning works 

  • Actinogen Medical (ACW) +2.1%: Obtained an settlement from the FDA to proceed with its six-month, Section 2b, medical trial of Xanamem in sufferers with early levels of Alzheimer’s Illness 

Buying and selling halts



Final commerce date

Proposed resume date



Silver Mines

Wed 22 Dec

Wed 28 Dec

Ultimate approval procedures for Bowden Silver Undertaking


Vary Worldwide

Wed 22 Dec

Wed 28 Dec

ITO amended evaluation


Dreadnought Assets

Wed 22 Dec

Wed 28 Dec

Preliminary JORC Mineral Useful resource for Mangaroon Undertaking


Kingwest Assets

Wed 22 Dec

Wed 28 Dec

Potential change of management transaction


Brightstar Assets

Wed 22 Dec

Wed 28 Dec

Capital elevating

Dealer updates 






Goal worth





Underperform from Outperform

$2.40 from $2.50


Mineral Assets






Pilbara Minerals




$7.50 from $7.40






$14.19 from $14.08


Prime Gainers

Code Firm Final % Chg
KDY Kaddy Ltd $0.072 +46.94%
GFN Gefen Internation… $0.05 +25.00%
WMG Western Mines Gro… $0.185 +23.33%
IMB Clever Monit… $0.16 +23.08%
CYM Cyprium Metals Ltd $0.092 +22.67%

View all prime gainers

Prime Fallers

Code Firm Final % Chg
SRJ SRJ Applied sciences … $0.12 -72.09%
OSX Osteopore Ltd $0.15 -25.00%
29M 29METALS Ltd $1.815 -22.10%
14D 1414 Levels Ltd $0.067 -18.29%
HPC The Hydration Pha… $0.09 -18.18%

View all prime fallers

52 Week Highs

Code Firm Final % Chg
TEG Triangle Vitality (… $0.022 +10.00%
QGL Quantum Graphite Ltd $0.68 +3.03%
NWH NRW Holdings Ltd $2.86 +2.51%
ADT Adriatic Metals Plc $3.31 +2.48%
QAL Qualitas Ltd $2.58 +2.38%

View all 52 week highs

52 Week Lows

Code Firm Final % Chg
SRJ SRJ Applied sciences … $0.12 -72.09%
HPC The Hydration Pha… $0.09 -18.18%
INF Infinity Lithium … $0.115 -17.86%
AEI Aeris Surroundings… $0.028 -12.50%
UCM Uscom Ltd $0.044 -12.00%

View all 52 week lows

Close to Highs

Code Firm Final % Chg
SMLL Betashares Aust S… $3.48 +1.46%
OZBD Betashares Austra… $43.85 -0.34%
PCI Perpetual Credit score … $0.985 -0.51%
WVOL Ishares Edge MSCI… $35.33 0.00%
NUF Nufarm Ltd $6.23 +0.48%

View all close to highs

Relative Power Index (RSI) Oversold

Code Firm Final % Chg
ESS Important Metals Ltd $0.32 +1.59%
GT1 Inexperienced Know-how … $0.78 +6.85%
SZL Sezzle Inc $0.43 -2.27%
BSX Blackstone Minera… $0.14 +7.69%
NVX Novonix Ltd $1.618 +2.70%

View all RSI oversold



Leave a Reply

Your email address will not be published. Required fields are marked *